Tonight, boosted by the three-line rally of the US stocks opening higher, Bitcoin responded with a surge. The first wave of gains exceeded 1,000 points, reaching 72,600, then slightly retraced to 71,200 to confirm support. Subsequently, the bulls launched a second attack, pushing the price above 73,000. Our evening long position at 71,000 was again precisely taken profit, capturing over 900 points of profit. Currently, the price has slightly retraced to around 72,600.



From a technical perspective, the second retest of 71,200 is of key significance. This level is not only the low point of the retracement but also the support level of the hourly MA30. After stabilizing here, the price created a new high, forming an effective breakout retest confirmation pattern. Although the price has slightly pulled back from the high of 73,000 to around 72,600, this is a normal technical correction after a breakout. The hourly MACD remains bullish with a golden cross above the zero line, and the bullish momentum shows no obvious signs of weakening. As long as the 72,400-72,600 zone is maintained, further upward space could open up to 73,500-73,800.

Based on the bullish technical pattern, it is recommended to focus on buying on dips. Watch for stabilization signals around 72,600-72,400 to consider entering in batches. The stop-loss reference is at the 72,000 integer level. The upward target remains at 73,000-73,500. A break above 73,500 could lead to further gains, while a pullback below 72,000 would indicate short-term weakness, requiring reassessment. #加密市场上涨 $BTC
BTC7.43%
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